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Minimum Bid Popular Q&A
Q: What is the minimum bid in spades?
A: Spades, minimum bid for a team is 4 tricks unless one player bids nil. Sounds like Read More »
Q: Are there minimum bids on these.?
A: You should assume there are minimums on all auctions not marketed as an ABSOLUTE AUCTION. Absolute auctions are the only auctions that have no reserve price and... Read More »
Q: What is the minimum bid in auction called?
A: A min bid in an auction is usually set by the reserve amt for which the Read More »
Q: How to Set a Silent Auction Minimum Bid.
A: 1. Determine the fair market value (FMV) of the item. For instance, if the item is donated by an artist, inquire what price he would ask for the item. If a rest... Read More »
Q: How is the minimum bid on a tax sale property determined?
A: State law dictates that the minimum bid for property offered at a public auction tax sale be an amount not less than the total amount necessary to redeem the ta... Read More »